Restrictions and more americans staying home. Well talk with white house economic advisor, larry brdlow, and the head of bank moynihan. First an update on the virus and toll. In the u. S. , 49 states and the district of columbia have reported over 3,000 cases of corona virus. The death toll stands of at least 60. Globally, 142 countries have reported over 156,000 cases with the International Death toll over 5800. There are now travel restrictions on nonamericans coming into the u. S. From 28 european country, including new restrictions on incoming travel from the uk and ireland that will go into effect monday night. We begin with three reports around the world. First with paula reed. Good morning, margaret. This is a critical moment for the Trump Administration marred by mixed messages and missed opportunities to prepare ande tests widely available. After days saying he didnt need one, President Trump revealed he had been tested for corona virus. The white house revealed yesterday that
Of the page. [inaudible conversations] it is great to be with you all to celebrate andd discuss n excellent new book of one of our countrys most original and insightful economic thinkers, amity shlaes. Over the course of our distinguished career, she is brought her wide range intelligence and feel for storytelling to some of our countrys leading intellectual and cultural institutions. Amity to serve as a member of the wall street journal editorial board, a columnist for the Financial Times and bloomberg news, and has taught economic history at the stern school of business. Now in addition to a prolific book writing amity serves as a president ial scholar for kings college, chairs the board of the Calvin Coolidge president ial foundation and chairs the Selection Committee for the Manhattan Institute prize, and award she herself has one. Her latest work, Great Society a new history of the 1960s in america is a stunning achievement. Few decades have imprinted on the popular imagination qu
Course of her career amity has brought her intelligence and feel for storytelling for the intellectual and cultural institutions. She has served as the wall street journal editorial board, columnist for the Financial Times and bloomberg news, taught economic history at the school business. In addition to her prolific book writing she serves as a president ial scholar for king college, the board of the president ial foundation and in a big coup shares the selection for thema Manhattan Institute d award she herself is one. Amitys latest work Great Society, new history is a stunning achievement. Few decades have been imprinted on the popular imagination as much as the 1960s and somebody remember that decade for the dramatic and turbulent moment. The assassination of the kennedys and Martin Luther king jr. The marchch on washington and antiwar protests. Neil armstrong on the moon and fighting vietnam. Amitys focus is not the drama that played out on Television Screens across the country, s
Will be in black and white or scary. That is where we stand, down 169 points. Stuart said this has more to do with the trade front. That things are not progressing. Chinese overnight, essentially getting nasty, it might be phase one and done if we get that. That is president is a little impulsive. Were not thinking well make progress for anything else getting done. President directly not responded to the criticism outside the fact hoped the deal would be scored although the chile conference it was supposed to scored and deal written on wont happen in chile. It will happen somewhere. They hope it happens pretty soon. Get the lead from John Layfield and rebecca waltzer. What do you make of how the chinese suddenly shifted ground here . I think that has more to do with the selloff and why 28 dow stocks are down than anything happening on the impeachment front, so far deemed much more political than substantive, what do you think . I think this is much more political. China is walking a ve
What, what have we got here, 8. Revenue up, ad sales up, profits up, and there are now 2. 45 billion active monthly users. It was a spectacular report. Stocks up. These two stocks are helping the market but a statement from china has put a damper on things. Beijing says its doubtful that a longterm trade deal can be reached. China concerned about the impulsive nature of President Trump. Where did they get that from . The dow industrials down about 50 at the opening bell. S p down six, a fractional loss for the nasdaq. Then theres politics. Namely, the vote in the house this morning, starting the impeachment process. This has consumed the congress. It has not consumed the market. It seems to be ignoring d. C. Entirely. We will follow it and pay special attention to votes of moderate democrats from trum trumpleaning districts. Will they approve removing the president from office because of a phone call to ukraine . Cant wait to see. Stay right there. Varney company is about to begin. The